PIA Chairman Azam Saigol resigns

Published December 12, 2016

Pakistan International Airlines (PIA) Chairman Azam Saigol resigned from his post on Monday due to personal reasons, the national carrier's spokesman confirmed.

The development comes as PIA is under pressure and scrutiny following the crash of PK-661 and speculation that the national carrier does not follow international safety standards and procedures.

Earlier today, the PIA spokesman said in a statement that the chairman was working on a pro bono basis (without salary and perks).

The statement added that the role of the chairman is to head the board since a shift of Pakistan International Airlines Corporation to PIACL under the Companies Ordinance of 1984.

The government had appointed the noted industrialist and a member of the board of directors of Pakistan International Airlines as chairman of the national flag carrier in May 2016.

Saigol was appointed after the previous chairman, Nasser Jaffer, resigned amid the controversy resulting from the countrywide strike by the airlines’ employees over the government’s reported privatisation plans.

The Oxford educated Saigol is a well known industrialist of the country, and brought with him vast experience in handling big industrial concerns and corporations.

He had remained on PIA’s board of directors since 2013.

Opinion

Editorial

Taxing corporates
Updated 25 Jun, 2022

Taxing corporates

The steps taken by the government are reflective of the extremely sorry state of our economic affairs.
Poll security
25 Jun, 2022

Poll security

AS local government elections in Sindh as well as a raft of by-polls for the national and provincial assemblies draw...
Polio concerns
25 Jun, 2022

Polio concerns

THE fact that vaccine-derived poliovirus has been detected in London’s sewage samples for the first time in 40...
Parliament’s imprimatur
Updated 24 Jun, 2022

Parliament’s imprimatur

Implications of ‘mainstreaming’ militants are far-reaching and must be discussed threadbare by the people’s representatives.
Monsoon preparedness
24 Jun, 2022

Monsoon preparedness

THE deaths of four people, among them three children, and the usual post-rain chaos in Karachi on Wednesday, yet...
Balochistan budget
24 Jun, 2022

Balochistan budget

A BUDGET is all about the political choices a government makes. The eight-month-old Mir Abdul Quddus Bizenjo...